Capitol Weekly – Building Economic Clout to Fight Neighborhood Poverty
Could This Idea Help Fix America’s Shortage of Home Care Workers?
June 2017
While nearly eight million Californians live in poverty, a proven tool to spur investment in their communities continues to be at risk of being cut by the state legislature. Known as COIN, this public-private partnership between the California Department of Insurance, the insurance industry and CDFIs leverages tax credits to support community development investments. In this op-ed, Capital Impact’s President and CEO Ellis Carr and Chief Lending Officer Scott Sporte lay out the important case for why this program must be saved.
